Creatively Funding MicroAid Subscriptions

December 6th, 2005

Christina (Kirabo the Gift Mom) Jordan said:

Yes, the microaid system is interesting, but it’s too expensive. Last time I looked, the monthly bill was well out of our reach.

Monica Nankoma with her Sohodojo Idea Incubator Come on, Christina… borrow Monica’s Idea Incubator for a few minutes and get those creative juices going. ;-)
The basic MicroAid platform costs little more than a bare-bones web hosting account. Plus, who pays retail these days!? You talk with Toby and work out a mutually rewarding arrangement.

What you are not taking into account is how much work and how long it would take you to create something that could handle the opportunity-presentation, micro-finance, and fine-grained project results tracking that is available with the MicroAid platform.

Keep in mind, too, that it is often the sponsoring/investor group or organization that antes up the service fee, not the recipients/project-manager that pays.

Our mutual buddies at GlobalGiving are sponsoring some of the projects being managed using MicroAid. The PUSPEM Foundation’s use of MicroAid is a prime example. Here’s one of PUSPEM’s projects featured at GlobalGiving. Let’s revive our talk with Dennis Whittle about getting GlobalGiving involved in the Small Is Good World.

The MFM project has to take into account how much time, energy, and money it would cost to design and develop the software that is readily available with a MicroAid subscription. This is not an off-the-shelf or roll-your-own in an afternoon server platform.

With just a bit of creativity and determination, we believe you would find that the expense of a MicroAid subscription would stop being a barrier, and you could move the MFM project ahead at full steam right away.

We’ll ping Toby and see if he can drop by and tell us some of the creative ways folks have found to fund their MicroAid subscriptions.

–Sohodojo Jim and Timlynn–

Entry Filed under: Entrepreneurial Community Ecosystems, MFM - MicroFinance Marketplace

Creatively Funding MicroAid Subscriptions

December 6th, 2005

Christina (Kirabo the Gift Mom) Jordan said:

Yes, the microaid system is interesting, but it’s too expensive. Last time I looked, the monthly bill was well out of our reach.

Monica Nankoma with her Sohodojo Idea Incubator Come on, Christina… borrow Monica’s Idea Incubator for a few minutes and get those creative juices going. ;-)
The basic MicroAid platform costs little more than a bare-bones web hosting account. Plus, who pays retail these days!? You talk with Toby and work out a mutually rewarding arrangement.

What you are not taking into account is how much work and how long it would take you to create something that could handle the opportunity-presentation, micro-finance, and fine-grained project results tracking that is available with the MicroAid platform.

Keep in mind, too, that it is often the sponsoring/investor group or organization that antes up the service fee, not the recipients/project-manager that pays.

Our mutual buddies at GlobalGiving are sponsoring some of the projects being managed using MicroAid. The PUSPEM Foundation’s use of MicroAid is a prime example. Here’s one of PUSPEM’s projects featured at GlobalGiving. Let’s revive our talk with Dennis Whittle about getting GlobalGiving involved in the Small Is Good World.

The MFM project has to take into account how much time, energy, and money it would cost to design and develop the software that is readily available with a MicroAid subscription. This is not an off-the-shelf or roll-your-own in an afternoon server platform.

With just a bit of creativity and determination, we believe you would find that the expense of a MicroAid subscription would stop being a barrier, and you could move the MFM project ahead at full steam right away.

We’ll ping Toby and see if he can drop by and tell us some of the creative ways folks have found to fund their MicroAid subscriptions.

–Sohodojo Jim and Timlynn–

Entry Filed under: Entrepreneurial Community Ecosystems, MFM - MicroFinance Marketplace


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